2012-12-01
2012-12-31
x This Week With George Stephanopoulos

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KGO (ABC) 5
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are the difference between what president obama wants and jon kyl wants, $119 billion over ten years. for those 600,000 estates to give $119 billion away and instead take it out on cuts on medicare and roads and education is unconscionable. >> if you look at the bigger picture for a second, we've known for two years that these tax cuts would be expiring the day after tomorrow or the end of the day tomorrow. we've known these automatic cuts, the so-called -- this was going to be happening for more than a year. aren't you a little embarrassed as leaders in the congress that it has gotten to this point that tomorrow is new year's eve, the day it all expires, and you still don't have an agreement? i mean, we've been having this argument for two years. >> it is embarrassing but almost every disagreement we've had is not because of a senate where we've had lots of -- we've come to agreement on many things. there are 50 hard right people in the house who don't want to compromise. they don't believe in any revenues. they say compromise is a dirty word, and speaker boehner just as recently as last week play

to the fiscal cliff discussion. we saw those talks between the house speaker and president obama collapse this week. all eyes now on the senate. i want to show what the president called for before he left for his christmas holiday on friday afternoon. here's the president. >> all of us, every single one of us, agrees that tax rates shouldn't go up for the other 98% of americans, so there is absolutely no reason, none, not to protect these americans from a tax hike. >> senator isakson, he said every republican, every democrat in washington said everyone earning under $250,000 shouldn't get a tax hike. so he wants to put that on the floor along with an extension of unemployment benefits and some relief from this that's going to hit january 1st. any chance you could support that, senator isakson? >> i feel the house should have passed speaker boehner's bill and the president's statement is right, no one wants taxes to go up on the middle class. i don't want them to go up on anybody, but i'm not in the majority in the united states senate, and he's the president of the united states. if we ge

" is shifting a little bit now, where there's a sense that, if president obama goes into his second term and poisons the environment so much that he can't get a deal and we go over the cliff it's going to be so toxic for year two, year three and year four. the president has to worry about his legacy. even though republicans might get blamed, this whole idea of the president bringing this country together, >> democrats have to be wary of. isn't it? >> i don't see it that way at all. look, the president has made a proposal. it may not be what everyone likes. i don't think it was an outrageous proposal. it's consistent with everything he said before. it's a proposal, a real proposal. the republicans have put nothing on the table. if we go over the cliff, it's not at all clear to the american people are going to blame the president as opposed to a party. >> the blame is real dispiriting because the idea of who's going to get the blame instead of figuring out how to keep it from happening is exactly what drives voters nuts. >> they might have to be aware of who's going to get the blame before

continued to learn and grow. just down the road from newtown high school where president obama will come tonight to comfort the families, thank the first responders and console the community still in shock. the heartbreak here is magnified by the age of almost all the victims, little children, 6 and 7 years old, all in just the first grade. overnight the shooter's father, peter lanza, released his first public statement. "we are in a state of disbelief and trying to find whatever answers we can. we too are asking why." and this morning america is honoring the victims. today every nfl team will observe a moment of silence before the games. the giants and patriots will wear special decals on their helmets. our guests and experts are standing by for a conversation on what happened and why to cuss what it means to take meaningful action, that's president obama's phrase and a shattering moment of mindlessness. >>> the latest on the investigation, brian ross our chief investigative correspondent and, brian, investigators are beginning to piece together what happened in that terrifying ten minu

obama's health care act, $116 billion in medicare savings, which a lot of republicans, not you, but a lot of republicans in the last campaign, including mitt romney, ran against. >> well, george, first of all, the $700 billion in savings doesn't save the government a penny, because it takes that 7$700 billion and spends it on other people. what -- it's really important that people look. the government is twice the size it was 11 years ago, we have seen the president demand that we're going to solve 7% of this problem, but he's totally inflexible on the other 93%. it doesn't really matter what happens at the end of this year, because ultimately, the numbers and the bondholders throughout the world, will determine what we'll spend and what we won't. we can play the political game that is being played out in washington right now. or we could actually be absolutely honest with the american people, and say medicare is going bankrupt, social security bankrupt in two years, social security trust fund will be bankrupt in five years, social security total will be bankrupt in probably 16

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